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Bitcoin Price Analysis: Did BTC Find a Local Bottom Following Today’s Bounce?

Bitcoin Price Analysis: Did BTC Find a Local Bottom Following Today’s Bounce?

After a bloody start to the new year 2022, including a dip below $40,000, Bitcoin is finally seeing green. This analysis will determine if a local bottom has been found and some relief for the

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$1.3B of Bitcoin Withdrawn from Exchanges as Miners’ Reserves Reach Yearly High

$1.3B of Bitcoin Withdrawn from Exchanges as Miners’ Reserves Reach Yearly High

After the most recent correction in which BTC lost 15% in value in days, bitcoin miners started accumulating in large part again. Meanwhile, yesterday saw the largest bitcoin pullback from crypto exchanges since September. Bitcoin

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Here Is an Indicator to Watch for Bitcoin’s Price Reversal, According to Santiment

Here Is an Indicator to Watch for Bitcoin’s Price Reversal, According to Santiment

This indicator hints at incoming Bitcoin price reversal According to Feeling, Bitcoin didn’t see much use launching January, as token circulation and address activity have remained declining since the start of 2022. The chain analytics

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Down From the Peaks: A Look at How Far Crypto Assets Have Slid From Their All-Time Highs

Down From the Peaks: A Look at How Far Crypto Assets Have Slid From Their All-Time Highs

Digital currencies had a phenomenal year, and a great deal of the crypto assets in existence reached all-time high (ATH) prices against the world’s fiat currencies. However, the same digital currencies that tapped ATHs last

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Jack Dorsey’s Company Hiring for Bitcoin Mining Experts

Jack Dorsey’s Company Hiring for Bitcoin Mining Experts

Former Twitter CEO and Block co-founder Jack Dorsey continues to pursue his bitcoin mining (BTC) projects as his company prepares to hire a custom digital design manager. Block Advertises Bitcoin Mining-related Job San Francisco-based financial

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Only 5% of JPMorgan’s Clients Believe Bitcoin Will Reach $100,000 in 2022 (Report)

Only 5% of JPMorgan’s Clients Believe Bitcoin Will Reach $100,000 in 2022 (Report)

According to a recent survey, the vast majority of JPMorgan customers don’t expect bitcoin to hit $ 100,000 in the next 12 months. Still, over 40% of participants expect the asset to be around $

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Good Medium Term Outlook for Bitcoin, Says Bitfury CEO

Good Medium Term Outlook for Bitcoin, Says Bitfury CEO

Brian Brooks is bullish on bitcoin in the medium-term due to findings in a recent Goldman Sachs report. Bitcoin rose 500% between November 2020 and March 2021, but fell to $ 39,692 at 9:45 a.m.

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Bitcoin “Death Cross”: Here’s Why Bulls Shouldn’t Be Afraid

Bitcoin “Death Cross”: Here’s Why Bulls Shouldn’t Be Afraid

Despite its ominous name, the cross pattern of death has questionable predictive power Bitcoin is on track to flash an ominous technical indicator called the “death cross” later this week. The uber-bearish indicator occurs when

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SOPR Gives Bearish Long-Term Signal: Bitcoin (BTC) On-Chain Analysis

SOPR Gives Bearish Long-Term Signal: Bitcoin (BTC) On-Chain Analysis

BeInCrypto takes a look at on-chain indicators for Bitcoin (BTC), more specifically the Spent Output Profit Ratio (SOPR) in order to isolate patterns relative to prior bullish cycles. What is the SOPR? SOPR is a chain indicator

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Bitcoin Whales Enter Active Accumulation State, On-Chain Data Suggests

Bitcoin Whales Enter Active Accumulation State, On-Chain Data Suggests

As crypto market sentiment turns from bullish to bearish, the whales aren’t rushing to sell their holdings and instead buy even more Investors usually dread a correction on any financial market as most of them

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